Core Viewpoint - The company Renhe Intelligent (瑞纳智能) announced a share reduction plan by some of its directors and senior management, which may impact investor sentiment and stock performance [1] Group 1: Share Reduction Plan - Director Wang Zhaojie plans to reduce his holdings by up to 800,000 shares, representing 0.59% of the total share capital, from his current 5,940,000 shares (4.37% of total shares) [1] - Director Dong Junyong also plans to reduce his holdings by up to 800,000 shares, representing 0.59% of the total share capital, from his current 3,960,000 shares (2.91% of total shares) [1] - The total planned reduction by both directors amounts to a maximum of 1,600,000 shares, with an estimated total value of up to 45.648 million yuan based on the closing price of 28.53 yuan on October 9 [1] Group 2: Company Background - Renhe Intelligent was listed on the Shenzhen Stock Exchange's ChiNext board on November 2, 2021, with an initial public offering of 18.42 million shares at a price of 55.66 yuan per share [2] - The company is currently in a state of share price decline, having fallen below its initial offering price [2] - The total funds raised from the IPO amounted to 1.025 billion yuan, with a net amount of 917 million yuan after deducting issuance costs, exceeding the original plan by 518 million yuan [2] Group 3: Financial Distribution - The issuance costs for the IPO were 108 million yuan, including underwriting fees of 87.1469 million yuan [3] - For the fiscal year 2022, the company announced a profit distribution plan, distributing a cash dividend of 8 yuan per 10 shares (totaling 59.512 million yuan) and a capital reserve conversion of 8 shares for every 10 shares held, totaling 59.512 million shares [3]